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Two years to build or lose your land, developers warned

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Comments

  1. Why make a laudable goal so complicated? The way to get developers to put their land to highest and best use is to implement a Land Value Tax. This would discourage hoarding and speculation on land immediately, and also encourage best use by untaxing buildings at the same time. It would also raise needed revenues for the government in a way that would eliminate deadweight taxes on wages, sales and capital.

  2. Why don’t the government fix the planning department problems first, make simple extensions a 4 week turn around, to free up time of a max. not min. of 8 weeks for development proposals to get things moving and have a min. of conditions that can be applied, to save time and get things building!?

  3. It demonstrates further how little the Government knows about Housing Development, Planning, and how developers/ house builders actually exist. The more that the system is interfered with the more work planners have to do, ie the Government has just created a 50% increase in planning workload, it should be extending the time, and not going for one mad rush. There are already shortages of labour, materials are rising and super inflation will hit the Housing market, faster than anything than the Government can resolve. Let’s take it steadily, and let’s have some good quality schemes fit for life, not short termism- which is often what private business is accused of… Policy clarity, and continuous workload will resolve the issues, such that everyone has confidence to build, confidence to buy and confidence to lend the finances accordingly.

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